13 March 2012 13:11 [Source: ICIS news]Correction: In the ICIS story headlined "Germany's investor confidence soars in March" dated 13 March 2012, please read in the second paragraph ...rose by 16.9 points from February to 22.3 points in March... instead of ...jumped to 22.3 points in March, from 16.9 points in February... A corrected story follows.
The Mannheim-based ZEW Centre for European Economic Research said its monthly investor confidence indicator rose by 16.9 points from February to 22.3 points in March. The index is based on survey responses from 285 financial market analysts.
ZEW president Wolfgang Franz added: “Currently, it seems as if the crisis in the eurozone has taken a pause for breath.”
At the same time, domestic demand in
Nevertheless, risks remained because of low business activity in important European countries and disruptions in the banking sector, he said.
Economists have said that
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